1. What Does Applicable Law Mean in Private International Law? Applicable law in private international law refers to the national legal system that governs a private law dispute containing a foreign element. When a legal relationship is connected with more than one country, the court cannot automatically assume that its own domestic law applies. Instead, […]
IntroductionArbitration in international contracts has become the preferred dispute resolution mechanism for global traders, investors, and multinational companies. Unlike court litigation, arbitration offers neutrality, flexibility, and enforceability across borders. With rising cross-border transactions, parties increasingly insert arbitration clauses into their contracts to ensure certainty in the event of disputes. Institutions such as the International Chamber […]
IntroductionLate delivery in international contracts has emerged as a critical issue in the post-COVID era, where global supply chains are under constant strain. Wars, sanctions, port congestion, and logistical bottlenecks have all contributed to frequent delays in the performance of international sales agreements. For businesses engaged in cross-border trade, the consequences of late delivery can […]